What has the impact of the pandemic been on old-age protection? What measures have been taken by EU Member States in the aftermath of the crisis? And what will the expected challenges be to pension policy and politics?
Tangible examples of different approaches to pension reforms across Europe, with respect to challenges raised by the crisis, show how, beyond the economic data, there is a great role for policy makers to introduce innovative ideas in the economic governance of pension expenditure, and to adopt a more value-based approach in facing the challenges ahead.
The European Union must maximise the added value of its united political intervention in the social and economic governance of the crisis and develop a renewed, more coherent approach to rights- and needs-based fiscal rules in pension policy.